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Are you people stupid? Health care costs are rising so fast there is no way the federal budget or the citizens (upper middle class and below) can even attempt to keep up with them. You people that worked hard your whole life and retired reasonably well but are not ultra wealthy. You are about to be screwed. No matter what party is elected. Your medicare and Rx bennies are going to be drastically reduced once we get this election over. That or your taxes are going to rise dramatically. This is just simple math. And massive spending by Rx and health care lobbies in DC.
Do a google search for Alternative minimum tax (AMT) increase. .Gov is looking for money and they know how to get it. The IRS knows no donkeys or elephants. In 2010 only 4.4 million paid AMT. If congress does nothing this year 33 million will pay AMT in 2013. Bye Bye middle class, small business. AMT eliminates deductions like mortgage interest, child care expense, charitable contributions, property taxes, etc.
I can't wait to get this election over! The shizz is about to get real once the B.S. season is over!
Teachers in Chi Town are striking for nothing. They will never see a dime of their retirement anyway. There are $60Trillion in unfunded liabilities (promises we can't keep) in America. Good luck teachers! Advice for you...Become a bank holding company and threaten end of the world and marshal law. They will give you a blank check. Unfortunately education is not as important as banker bonuses and elections! So, just quit! Find a new job. Kids are all aholes anyways!
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